Entravision Receives Delisting Warning
December 17, 2008 at 12:26 PM (PT)
ENTRAVISION COMMUNICATIONS CORPORATION has received notification from the NEW YORK STOCK EXCHANGE that the company has fallen below one of the NYSE's continued listing standard criteria by maintaining an average closing price of less than $1.00 over a consecutive 30 day trading period.
The company expects to notify the NYSE that it intends to cure this deficiency, and the company will have a six month period to meet the continued listing standard. ENTRAVISION's stock will continue to be listed on the NYSE during the cure period, subject to maintenance of other applicable NYSE listing standards.